Insurance and Related Services 3
Estimated value
£400.0m
Awarded value
£400.0m
Suppliers
1
Lots
1
Published
10 Mar 2020
Description
This Insurance and Related Services 3 (IS3) framework will be let for four years and allow access to brokerage and related services and claims handling and related services for customers across the whole of the UK public sector. There will be up to 15 Brokers awarded to lot 1 and up to 3 providers awarded to lot 2 (lot 2 will be available to the whole of the public sector having previously been restricted to central government in IS2). There will again be a direct award option for brokerage and related services. IS3 will comprise this framework agreement (RM6020) and an associated dynamic purchasing system (RM6138) onto which will be awarded insurance services providers. The lotting structure will be: lot 1 - brokerage and related services,lot 2 - claims handling and related services. CCS insurance agreements have averaged over £72M per annum in spend since 2016. Over 700 public sector organisations across the UK have used Insurance Services 1 and Insurance Services 2.
Scope
- Reference
- RM6020.
- Total value
- £400,000,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 11 Feb 2020 to 10 Feb 2024
- CPV classifications
- 66510000
- Particular suitability
- Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)
Submission & procedure
- Submission deadline
- 10 Oct 2019, 11:00 pm
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£400.0m
Award date
11 Feb 2020
Contract start
11 Feb 2020
Contract end
10 Feb 2024